China Investment Corp (CIC) has signed up to use risk and performance analytics provided by New York-based MSCI Barra, called Barra Analytics, for an undisclosed sum.
The Chinese sovereign wealth fund, which has approximately $200 billion of assets under management, will use MSCI Barra to "identify, assess and monitor major types of risk" involved in its investment activity and asset management, said Xiangjun Guo, managing director of CIC's risk management department in Beijing.
Guo's department is responsible for building and enforcing a company-wide risk management process. "One of the reasons we chose to use Barra Analytics was the clear and detailed view of risk it provides," Guo added.
MCSI Barra risk models and portfolio analytics cover 56 equity and 46 fixed-income markets. The company is majority owned by Morgan Stanley.
Topics: China Investment Corporation
More on Risk Management
In this paper, we clarify the relationships among popular methods for pricing European options based on the Fourier expansion of the payoff function (iFT method) and the simlified trapezoid rule.We suggest...
We develop efficient fast Fourier transform algorithms for pricing and hedging discretely sampled variance products and volatility derivatives under additive processes (time-inhomogeneous Lévy processes)....
Observing prices of European put and call options, we calibrate exponential Lévy models nonparametrically. We discuss the efficient implementation of the spectral estimation procedures for Lévy models...
Sign up for Risk.net email alerts
Sponsored video: Tradeweb
Multifonds talks to Custody Risk on being nominated for the Post-Trade Technology Vendor of the Year at the Custody Risk Awards 2014
Sponsored webinar: IBM Risk Analytics
Nominated for two technology awards
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.